Former HSBC chairman Douglas Flint will continue to serve as an advisor to the bank beyond the original plan.

Robert is beginning his first year as the new chairman of HSBC Holdings, and he may very well see a familiar face in the office: his predecessor, Douglas Flint. According to sources familiar with the matter, Douglas Flint will continue to stay on at the bank in a special advisory role beyond the originally planned timeframe. As the news has not been made public, these sources requested anonymity. They added that Douglas Flint's contract has been extended, and he will continue to provide advice to the CEO and the board on specific matters.